November 1, 2018 / 7:16 AM / 16 days ago

Danske Bank Q3 pretax profit drops more than expected

COPENHAGEN, Nov 1 (Reuters) - Danske Bank pretax profit dropped 42 percent year on year in the third quarter to 3.59 billion Danish crowns ($547 million), missing the 3.72 billion that was expected by analysts in a Reuters poll.

The result was dented by a 1.5 billion crown donation, which the bank has decided to give to societies in which it operates following a money laundering scandal at its Estonian branch.

$1 = 6.5674 Danish crowns Reporting by Teis Jensen Editing by Louise Heavens and Edmund Blair

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